New search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Turn key restaurants
5150 Mae Anne Ave, Reno, NV 89523-1858
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0235976
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,000 SF
Lot
0.8 ac (34,691 SF)
Zoning code
GC
APN
039-750-03
UPID
US62-0235976
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Safeway Grocery & Convenience Store Food Market
-
Stone Knight Productions, LLC Film Production
-
Northwest Reno Smiles Dental Group Dental Office
-
Dr. Ali Shahrestani Dental Office
-
U.S. Bank Branch Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$585k
Owner & transaction history
Sw 5150 Reno LLC · 5 yrs held
Sw 5150 Reno LLC
since 2021
7 recorded transactions
Zoning & alternative use
GC · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reno submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,891
Tax year 2023
Assessed value
$445,531
Assessed 2023
Previous assessed
$398,075
+11.9% YoY
Effective rate
3.57%
On assessed value
Assessed land
$206,411
Assessed improvement
$239,120
Land market value
$589,747
Improvement market value
$683,200
Total market value
$1,272,947
Applied tax rate
1,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,000 SF
Lot
0.8 ac (34,691 SF)
Zoning code
GC
APN
039-750-03
UPID
US62-0235976
Jurisdiction
WASHOE
Zoning & alternative use
GC · Reno, NV
Zoning GC · permitted uses
GC · Reno, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reno. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Sw 5150 Reno LLC
Entity
Mailing address
5520 KIETZKE LN STE #400, RENO, NV 89511-3041
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
$9,525,000
Sw 5150 Reno LLC
Reno Kohls LLC
Bargain & Sale Deed
—
May 17, 2018
$10,000
Yacoel 2015 Partners LP
Ridgeview Reno LLC
Grant Deed
$25,002,870 · Miscellaneous Ins Co
Mar 1, 2018
—
Safeway INC
—
Deed
related
—
Sep 12, 2017
$9,350,000
Reno Kohls LLC
Victory Plaza LLC
Trust Deed
$6,075,000 · Cantor Com'l R/e Lndg
Jan 14, 2016
$33,000,000
Ridgeview Reno LLC
Ridgeview Town Center LLC
Grant Deed
$23,100,000 · Miscellaneous Ins Co
Mar 31, 2004
$500,000
Pacific Star Capital LLC
Sko Holdings INC
Grant Deed
related
$300,000 · Heritage Bank Nevada
Dec 17, 2003
$15,650,000
Rodgeview Town Center LLC
Ridgeview Plaza I LLC
Grant Deed
—
Jun 30, 2003
$11,450,000
Ridgeview Plaza I LLC
Ridgeview Plaza LLC
Grant Deed
related
$10,200,000 · Wachovia Bank NA
Apr 12, 1996
$9,505,000
Ridgeview Plaza LLC
Ridgeview Plaza Shopping Centr
Grant Deed
related
$7,005,000 · Bank Of America Nevada Trustee
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5150 Mae Anne Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
